As it catches up on lapsed financial statements that were required to be filed earlier, Triller Group Inc. recently published multiple quarterly reports and its annual 10-K filing for 2024.
The filings provided more context on Triller Group’s financials. TrillerTV serves as a streamer for many pro wrestling, combat sports promotions, and other sports. The service is one of several subsidiaries under Triller Group. Details about the streaming service are few, but the filings included a note on AEW’s distribution agreement for its streaming product.
Triller reported that AEW, which it identifies as a customer of TrillerTV, accounted for approximately 24% and 19% of Triller Group’s consolidated revenue in 2024 and 2023, respectively. Triller’s consolidated revenue in 2024 was $27,476,000, and in 2023, it was $54,189,000, according to the 2024 annual report. This would mean that AEW brought in approximately $6.6 million and $10.3 million in consolidated revenue in 2024 and 2023, respectively.
TrillerTV is the home of AEW Plus, a service that lets international audiences watch Dynamite and Collision, and it also distributes AEW pay-per-views. The filings don’t provide a narrative for why AEW-related revenue dropped from 2023 to 2024. Digital PPV options for AEW changed over those years. It was announced near the end of 2024 that Bleacher Report wouldn’t be an option for buying AEW PPVs, with the option to transfer purchases to TrillerTV. However, Dynasty in April 2024 was the first AEW PPV to offer YouTube and PPV.com as a purchase option for United States and international audiences, which may have increased the competition for where customers bought AEW PPVs.
After the timeline for the 2024 filing, AEW partnered with Prime Video in March 2025, providing another way for fans in the United States, Canada, and the United Kingdom to purchase PPVs. HBO Max, as part of AEW’s media rights agreement with Warner Bros. Discovery, became another way in September 2025 for United States customers to watch AEW programming, including PPVs.
Also, included in Triller Group’s annual filings for this year was the fact that an audit committee concluded that Bare Knuckle Fighting Championship should be deconsolidated. This means it should no longer be reported in Triller’s SEC filings despite the company being the majority owner of BKFC. Triller claims a 56.93% equity interest in BKFC, according to its quarterly filings. The 8-K filing stated that Triller “lost the control” over BKFC and no longer possessed the power to direct the activities or key decisions that most significantly impacted BKFC’s economic performance.
At the end of 2025, Triller disclosed it was delisted from the Nasdaq, which likely made it more difficult for the company to raise money. This came after Triller earlier revealed funding troubles, such as when it noted last April that a $14 million investment announced a few months earlier had fallen through. The Nasdaq Hearing Panel delisted Triller from the exchange because the parent company hadn’t filed two overdue periodic reports by the Dec. 24, 2025, deadline. Triller Group has not yet provided financial information for the fiscal year 2025.
